Joby AviationJOBY

Joby AviationJOBY

Revenue: is the business selling more than it used to?

$53M+39183% YoYFY 2025

→Revenue reached $53M in 2025 though the path has been bumpy. The trailing twelve months are already running at $116M, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Net income: how much of that revenue becomes profit?

$-930MFY 2025

→The company lost $930M in 2025, more than the $608M it lost the year before. The losses are widening - check the Health chapter for how long the cash lasts.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Revenue per share: is your slice growing as fast as the company?

$0.06revenue per share, FY 2025

→Revenue per share was $0.06 in 2025, split-adjusted so old and new share counts compare honestly.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Free cash flow: what is left in real cash after everything?

$-564MFY 2025

→The business consumed $564M of cash in 2025 after investment. Growth is being funded from the balance sheet, not from operations.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Margins: of every $1 of sales, how much survives each cost layer?

→Operating margin widened 44399 points to -1347% since 2023. The bottom line is still negative: costs below the operating line eat what is left. JOBY doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

What does it earn on the money it uses?

→ROE of -50% and ROCE of -41% sit close together, so the returns come from the business itself rather than from borrowing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

What has the market paid for JOBY over time?

57.3xP/S today

→At 57.3x sales, the market is paying 98% less than JOBY's own 3-year median of 3709.6x. Pessimism is priced in - the question is whether it is deserved.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

What cash return does the business throw off per dollar of market value?

-11.1%FCF yield today

→Every dollar of market value currently buys -11.1% of annual free cash flow, more than its 5-year median of -9.0% - the cash is cheaper than usual.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Could it handle its debt if things went wrong?

→Debt of $702M sits against $630M of cash, or 0.4x shareholders' equity. Earnings don't currently cover the interest bill at all.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Is the company's own capital growing?

→The company's own capital grew from $1.0B in 2023 to $1.8B (+71%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

How fast is your ownership being diluted - or concentrated?

→The share count grew 18.1% in 2025, averaging 12.2% a year over three years. Your slice of the company shrinks by that much each year unless earnings grow faster.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Does JOBY earn more on its capital than that capital costs?

→JOBY's return on capital is negative at -41.5% in 2025. The capital in the business is not yet earning anything back.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Joby AviationJOBY

Are the people running it buying or selling?

→Insiders sold $30M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 36 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30